HDV, which is one of the lower beta dividend ETFs on the market today, tracks the Morningstar Dividend Yield Focus Index, which is comprised of the 75 highest-yielding companies that meet Morningstar’s quality and financial health standards. [Core Status Lifts This Dividend ETF]
“While it underperformed SDY, with an average annualized three-year gain of 17.2%, HDV outperformed most active mutual funds. HDV’s three-year standard deviation, at 8.7, is modestly below the mutual fund peer average, while its Sharpe ratio of 1.84 is higher,” said S&P Capital IQ.
HDV, which joined the iShares core lineup earlier this year and now has an expense ratio of just 0.12%, has a trailing 12-month yield of 3.1% and is also rated overweight by S&P Capital IQ.
SPDR S&P Dividend ETF
